Skip to main content
SpringerLink
Log in
Book cover

Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship pp 1–7Cite as

Innovations in Business Administration

  • Living reference work entry
  • Latest version View entry history
  • First Online:

  • 88 Accesses

Synonyms

Academic firm; Financing innovation; Innovation economy; Innovation future/future of innovation; Innovations of and in organizations; Product innovation, process innovation; Technology life cycles; University research and innovation

Introduction

What is new? The ancient Greek had two words for “new.” First, they used neos to address phenomena that were youthful, recent, and young. Second, they had kainos to address phenomena that were newfangled and strange. While both express “newness,” they have a profoundly different meaning. In between there was a third notion, that of “new” in the sense of other, next, diverse, implying “the same” rather than “new,” expressed by heteros, allos, and polla (see Fig. 1). D’Angour (2011) explains the crucial differences between them (and their derivatives): while neos stands for a kind of novelty that did not exist until recently and is therefore “new in time” (temporal), kainosdepicts a novelty that is “brand-new” (evaluative) and...

This is a preview of subscription content, log in via an institution.

References

  • Akerlof D, Shiller RJ. Animal spirits: how human psychology drives the economy, and why it matters for global capitalism. Princeton: Princeton University Press; 2009.

    Google Scholar 

  • Ansoff I. Managing strategic surprise by response to weak signals. Calif Manag Rev. 1980;2:21.

    Google Scholar 

  • Ariely D. Predictably irrational. The hidden forces that shape our decisions. New York: Harper Collins; 2008.

    Google Scholar 

  • Bateson G. Mind and nature: a necessary unity (advances in systems theory, complexity, and the human sciences). New York: Hampton Press; 1979.

    Google Scholar 

  • Baum H-G, Coenenberg AG, Günter T. Strategisches controlling. Stuttgart: Schäffer-Poeschel; 2013.

    Google Scholar 

  • Bilton N. Disruptions: the Holodeck begins to take shape. N Y Times. bits.blogs.newyorktimes (2014, January 26).

    Google Scholar 

  • Damodoran A. The dark side of valuation. Valuing young, distressed and complex businesses. Hoboken: Pearson; 2010.

    Google Scholar 

  • D’Angour A. The Greeks and the new: novelty in ancient Greek imagination and experience. London: Cambridge University Press; 2011.

    Book  Google Scholar 

  • DoD. News briefing, secretary Rumsfeld and General Myers. News transcript of the U. S. Department of Defence; 2002.

    Google Scholar 

  • Fama E. The behavior of stock market prices. J Bus. 1965;38:34–105.

    Article  Google Scholar 

  • Fama E. Efficient capital markets. A review of theory and empirical work. J Financ. 1970;25:383–417.

    Article  Google Scholar 

  • Fama E. Efficient capital markets II. J Financ. 1991;46:1575–617.

    Article  Google Scholar 

  • Feduzzi A, Runde J. Uncovering unknown unknowns: towards a Baconian approach to management decision-making. Organ Behav Hum Decis Process. 2014;124:268–83.

    Article  Google Scholar 

  • Glimcher PW, Camerer C, Fehr E, Poldrack RA. Neuroeconomics: decision making and the brain. Amsterdam: Elsevier Academic Press; 2008.

    Google Scholar 

  • Hansen LP. Large sample properties of generalized method of moments estimators. Econometrica. 1982;50:1029–54.

    Article  Google Scholar 

  • Kahneman D, Tversky A. Prospect theory: an analysis of decision under risk. Econometrica. 1979;47(2):263–91.

    Article  Google Scholar 

  • Keynes JM. The general theory of employment, interest and money. London: Macmillan; 1936.

    Google Scholar 

  • Knight FH. Risk, uncertainty, and profit. Boston: Schaffner & Marx; 1921.

    Google Scholar 

  • Krugman P. How did economists get it so wrong? N Y Times. 2009;2(9):15.

    Google Scholar 

  • Makridakis C. Foreword: foresight matters. In: Tsoukas H, Shepperd J, editors. Managing the future – foresight in the knowledge economy. Oxford: Wiley; 2004. p. XIII.

    Google Scholar 

  • Martin J. The meaning of the 21st century. A vital blueprint for ensuring our future. London: Random House; 2007.

    Google Scholar 

  • Mattessich R. The beginnings of accounting and accounting thought: accounting practice in the Middle East (8000 BC to 2000 BC) and accounting thought in India (300 BC and the Middle Ages). New York: Taylor & Francis; 2000.

    Google Scholar 

  • Maturana HR, Varela FJ. Autopoiesis and cognition: the realization of the living. Dordrecht: Reidel Publishing; 1980.

    Book  Google Scholar 

  • Morgenstern O, von Neumann J. Theory of games and economic behaviour. Princeton: Princeton University Press; 1944.

    Google Scholar 

  • Müller AW, Müller-Stewens G. Strategic foresight. Trend- und Zukunftsforschung in Unternehmen – Instrumente, Prozesse, Fallstudien. Stuttgart: Schäfer-Poeschel; 2009.

    Google Scholar 

  • Nash J. Non-cooperative games. Doctoral dissertation, Princeton University; 1950.

    Google Scholar 

  • Normann R. Reframing business: when the map changes the landscape. Chichester: Wiley; 2001.

    Google Scholar 

  • Novotny H. The cunning of uncertainty. Cambridge/Malden: Polity Press; 2016.

    Google Scholar 

  • Powell T. Neurostrategy. Strateg Manag J. 2011;39:1484–9.

    Article  Google Scholar 

  • Powell T, Puccinelli N. The brain as substitute for strategic organisation. Strateg Organ. 2012;10:207–14.

    Article  Google Scholar 

  • Ramírez R, Wilkinson A. Strategic reframing. The Oxford scenario planning approach. Oxford: Oxford University Press; 2016.

    Book  Google Scholar 

  • Rohrbeck R. Corporate foresight: towards a maturity model for the future orientation of a firm. Berlin: Springer; 2010.

    Google Scholar 

  • Röpke J, Stiller O. Einführung. In: Schumpeter JA, editor. Theorie der wirtschaftlichen Entwicklung. Berlin: Dunker & Humblot; 2006.

    Google Scholar 

  • Schumpeter JA. Business cycles. A theoretical, historical, and statistical analysis of the capitalist process. New York: McGraw-Hill; 1939.

    Google Scholar 

  • Shiller RJ. Do stock prices move too much to be justified by subsequent changes in dividends? Am Econ Rev. 1982;71:421–36.

    Google Scholar 

  • Shiller RJ. Irrational exuberance. Princeton: Princeton University Press; 2005.

    Google Scholar 

  • Tetlock PE, Gardner D. Superforecasting. The art and science of prediction. New York: Crown Publishing; 2015.

    Google Scholar 

  • Turing AM. Computing machinery and intelligence. Mind. 1950;LIX(236):433–59.

    Article  Google Scholar 

  • Van der Heijden K. Scenarios. The art of strategic conversation. Chichester: Wiley; 2005.

    Google Scholar 

  • Van Krogh G, Rossi-Lamastra C, Haefliger S. Phenomenon-based research in management and organization science: when is it rigorous and does it matter? Long Range Plan. 2012;45(4):277–98.

    Article  Google Scholar 

  • Whitehead AN. Adventures of ideas. New York: Simon & Schuster; 1933.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Department of Strategy and Innovation, Vienna University of Economics and Business, Welthandelsplatz 1, 1020, Vienna, Austria

    Michael König

Authors
  1. Michael König
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Michael König .

Section Editor information

  1. Faculty for Interdisciplinary Studies, Alpen-Adria-University Klagenfurt, Schottenfeldgasse 29, A-1070, Vienna, Austria

    David F. J. Campbell

Rights and permissions

Reprints and permissions

Copyright information

© 2017 Springer Science+Business Media LLC

About this entry

Cite this entry

König, M. (2017). Innovations in Business Administration. In: Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-6616-1_200038-2

Download citation

  • DOI: https://doi.org/10.1007/978-1-4614-6616-1_200038-2

  • Received:

  • Accepted:

  • Published:

  • Publisher Name: Springer, New York, NY

  • Print ISBN: 978-1-4614-6616-1

  • Online ISBN: 978-1-4614-6616-1

  • eBook Packages: Springer Reference Business and ManagementReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

Publish with us

Policies and ethics

Chapter history

  1. Latest

    Innovations in Business Administration
    Published:
    24 August 2017

    DOI: https://doi.org/10.1007/978-1-4614-6616-1_200038-2

  2. Original

    Innovations in Business Administration
    Published:
    10 April 2017

    DOI: https://doi.org/10.1007/978-1-4614-6616-1_200038-1

Search

Navigation